Pentair plc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.18B | $4.08B | $4.11B | $4.12B | $3.76B | $3.02B | $2.96B | $2.97B |
| Pool | — | — | $1.40B | $1.62B | $1.41B | $1.05B | — | — |
| Water Solutions | — | — | $1.11B | $1.03B | $1.01B | $809.5M | — | — |
| Industrial & Flow Technologies | — | — | $1.59B | $1.48B | $1.35B | $1.15B | — | — |
| Cost of Revenue | $2.49B | $2.48B | $2.59B | $2.76B | $2.45B | $1.96B | $1.91B | $1.92B |
| Gross Profit | $1.69B | $1.60B | $1.52B | $1.36B | $1.32B | $1.06B | $1.05B | $1.05B |
| Gross Margin | 40.5% | 39.2% | 37.0% | 33.1% | 35.0% | 35.0% | 35.6% | 35.3% |
| Operating Expenses | ||||||||
| Research & Development | $95.9M | $93.6M | $99.8M | $92.2M | $85.9M | $75.7M | $78.9M | $76.7M |
| SG&A Expense | $736.9M | $701.4M | $680.2M | $677.1M | $596.4M | $520.5M | $540.1M | $534.3M |
| Operating Income | $857.5M | $803.8M | $739.2M | $595.3M | $636.9M | $461.4M | $432.5M | $436.7M |
| Operating Margin | 20.5% | 19.7% | 18.0% | 14.4% | 16.9% | 15.3% | 14.6% | 14.7% |
| Interest Expense | — | — | — | — | — | — | $30.1M | $32.6M |
| Pretax Income | $756.5M | $718.9M | $618.9M | $550.6M | $626.8M | $432.1M | $407.5M | $379.8M |
| Income Tax Expense | $107.0M | $93.3M | $-4.0M | $67.4M | $70.8M | $75.0M | $45.8M | $58.1M |
| Net Income | $653.8M | $625.4M | $622.7M | $480.9M | $553.0M | $358.6M | $355.7M | $347.4M |
| Net Margin | 15.7% | 15.3% | 15.2% | 11.7% | 14.7% | 11.9% | 12.0% | 11.7% |
| EPS (Basic) | $3.99 | $3.78 | $3.77 | $2.92 | $3.34 | $2.15 | $2.10 | $1.98 |
| EPS (Diluted) | $3.96 | $3.74 | $3.75 | $2.90 | $3.30 | $2.14 | $2.09 | $1.96 |
| Shares Outstanding (Basic) | 164.1M | 165.6M | 165.1M | 164.8M | 165.8M | 166.5M | 169.4M | 175.8M |
| Shares Outstanding (Diluted) | 165.5M | 167.1M | 166.3M | 165.6M | 167.5M | 167.4M | 170.4M | 177.3M |
| Dividends Per Share | $1.00 | $0.92 | $0.88 | $0.84 | $0.80 | $0.76 | $0.72 | $1.05 |